YEARLY HIGH
0.0645 AUD
YEARLY LOW
0.0567 AUD
YEARLY AVERAGE
0.0611 AUD

2023 HNL to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0645. Conversely, the yearly low was recorded on January 28, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0078 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0583 to the December average rate of 0.0604, the exchange rate registered a net change of 3.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0645 was down 1.02% compared to the 2022 peak of 0.0651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 322 AUD
2022 Average 293 AUD
Yearly Trough Low 283 AUD
Transaction Impact: A difference of 38.96 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0643
0.0577
JanuMarcMayJulySeptNove

HNL to AUD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0600, compared to 0.0621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0600
H2 Avg (Jul–Dec) 0.0621

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0036 AUD (High: 0.0603 / Low: 0.0567). On the other end, September was the most stable month, with a tight range of 0.0012 AUD (High: 0.0636 / Low: 0.0625).

February Spread (Volatile) ±0.0036
September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0638) against the same month in 2022 (average: 0.0635), the exchange rate shifted by +0.0003 (+0.43%).

2023 Avg (October) 0.0638
2022 Avg (October) 0.0635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0602 0.0567 0.0583
February 0.0603 0.0567 0.0589
March 0.0620 0.0599 0.0608
April 0.0622 0.0599 0.0608
May 0.0624 0.0598 0.0612
June 0.0619 0.0588 0.0603
July 0.0614 0.0588 0.0603
August 0.0639 0.0614 0.0627
September 0.0636 0.0625 0.0629
October 0.0645 0.0628 0.0638
November 0.0639 0.0607 0.0624
December 0.0618 0.0591 0.0604